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European Commission endorses Sweden's €3.3 billion recovery and resilience plan

On 29 March, the Commission adopted a positive assessment of Sweden's recovery and resilience plan.

date:  29/04/2022

This is a key step paving the way for the EU to disburse €3.3 billion in grants to Sweden under the Recovery and Resilience Facility (RRF). This financing will support the implementation of the crucial investment and reform measures outlined in Sweden's recovery and resilience plan, enabling Sweden to emerge stronger from the coronavirus pandemic. The RRF is the key instrument at the heart of NextGenerationEU. It will provide up to €800 billion (in current prices) to support investments and reforms across the EU. The Swedish plan forms part of an unprecedented and coordinated EU response to the coronavirus crisis. It addresses common European challenges by embracing the green and digital transitions, strengthening economic and social resilience, as well as the cohesion of the single market. The Commission assessed Sweden's plan based on the criteria set out in the RRF Regulation. The analysis focused on whether the investments and reforms contained in Sweden's plan support the green and digital transitions; contribute to effectively addressing challenges identified in the European Semester; and strengthen its growth potential, job creation and economic and social resilience.